There is so much technology available today that you may think you can find and purchase a house simply by using the appropriate apps. While this may be true, having a professional in your corner who knows the ropes is advantageous to you and to the entire home purchasing process. Even if you feel you have a solid grasp on how to go about purchasing a home, a real estate agent can provide additional support, and help alleviate any concerns that arise.
Going about finding a real estate agent is not a difficult task, and you should familiarize yourself with it if you are in the market for a new home. Whether you are a first-time homebuyer or not, securing a real estate agent you can trust can make the process run smoother.
"When purchasing a home, there is no reason to go it alone."
Why is having an agent important?
Buying a home takes a great deal of consideration. Every home is different, and community-based regulations will vary depending on where you are looking to live, which can play a factor if you want to put up a fence or add on down the road, for example. A real estate agent is equipped with this knowledge, providing advice to clients about the best possible outcomes and situations to be aware of.
Real estate agents have experience with shifting market trends and can provide you with comparable market pricing as well as assist in negotiating fair market value for the home. Another reason people turn to a real estate agent is to have assistance with the contracts. According to Realtor.com, most of today's housing contracts can be up to 50 pages long. This can seem daunting, especially if you have never experienced it before, but it doesn't have to be. A real estate agent can help you make sense out of these complex documents and formulate an offer that aligns with your intentions and financial situation.
So how do you find a dependable agent?
There are many places to search for real estate agents. A great way to start out is to speak with family members and friends who have recently purchased or sold their homes. Did they use a real estate agent? Do they have positive things to say about this person? Were all of their goals reached in what they were looking for in a home?
People you know, such as neighbors, can often provide the best insight into agents because you are familiar with their preferences. Once you have some recommendations, do your research. Make sure this person is licensed and is an expert in the area or neighborhood you are looking to purchase. Check out the agent's website and look at recent listings. This will give you an idea of the price range and area of expertise or if the agent is limited to one common place or price point.
However, Bankrate noted it is important to look at the number of current listings an agent has. For example, if an agent has an influx of listings then you might be impressed and give this person a call. On the other hand, a large number of listings could mean that each one is not getting enough attention. When selecting an agent, you never want to just be a number, but a priority.
Having a real estate agent in your corner can help you navigate the housing market with comfort. While going it alone is certainly not impossible, having an expert can make the entire experience much more enjoyable.